Lincoln Electric Holdings (LECO) Asset Utilization Ratio (2010 - 2026)
Lincoln Electric Holdings (LECO) reported Asset Utilization Ratio of 1.13 for Q1 2026, little changed on a YoY basis from 1.13 in Q1 2025, and up 1.62% quarter-over-quarter from 1.12 in Q4 2025.
Lincoln Electric Holdings (LECO) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Lincoln Electric Holdings has reported Asset Utilization Ratio for 17 years, with the latest figure at 1.13 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio changed 0.41% year-over-year to 1.13; the trailing twelve-month figure through Mar 2026 stood at 1.13 (changed 0.41% YoY), and the FY2025 full-year result was 1.16, up 5.23% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 1.13, up from 1.12 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.36 in Q3 2022, with the low at 1.07 in Q4 2024.
- Historically, Asset Utilization Ratio has averaged 1.19 across 5 years, with a median of 1.18 in 2023.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio climbed 12.26% — and 2024, when it declined 10.54%.
- Lincoln Electric Holdings' Asset Utilization Ratio stood at 1.29 in 2022, then dropped by 8.17% to 1.18 in 2023, then decreased by 9.62% to 1.07 in 2024, then rose by 4.16% to 1.12 in 2025, then grew by 1.62% to 1.13 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.13 (Q1 2026), 1.12 (Q4 2025), and 1.11 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 19.71 Bn | 17.98 Bn | 223.10 Mn | 0.62 |
| 2 | RBC Bearings | 18.58 Bn | 18.52 Bn | 230.00 Mn | 0.36 |
| 3 | Lincoln Electric Holdings | 14.37 Bn | 14.06 Bn | 399.13 Mn | 1.13 |
| 4 | Stanley Black & Decker | 11.91 Bn | 11.58 Bn | 1.16 Bn | 0.71 |
| 5 | Timken | 9.17 Bn | 9.33 Bn | 394.00 Mn | 0.69 |
| 6 | Toro | 8.55 Bn | 8.36 Bn | 336.50 Mn | 1.27 |
| 7 | Kennametal | 2.49 Bn | 2.42 Bn | 207.98 Mn | 0.80 |
| 8 | Hillman Solutions | 1.44 Bn | 1.41 Bn | 168.58 Mn | 0.66 |
| 9 | Eastern | 129.83 Mn | 121.67 Mn | 11.93 Mn | 1.12 |
| 10 | Chicago Rivet & Machine | 9.85 Mn | 8.40 Mn | 958,459.00 | 1.17 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.13 |
| Dec 31, 2025 | 1.12 |
| Sep 30, 2025 | 1.11 |
| Jun 30, 2025 | 1.11 |
| Mar 31, 2025 | 1.13 |
| Dec 31, 2024 | 1.07 |
| Sep 30, 2024 | 1.10 |
| Jun 30, 2024 | 1.21 |
| Mar 31, 2024 | 1.16 |
| Dec 31, 2023 | 1.18 |
| Sep 30, 2023 | 1.22 |
| Jun 30, 2023 | 1.21 |
| Mar 31, 2023 | 1.20 |
| Dec 31, 2022 | 1.29 |
| Sep 30, 2022 | 1.36 |
| Jun 30, 2022 | 1.29 |
| Mar 31, 2022 | 1.28 |
| Dec 31, 2021 | 1.25 |
| Sep 30, 2021 | 1.21 |
| Jun 30, 2021 | 1.21 |